Ether / USD may rise to 3538 - 3581

3388 is our pivot point.

Our preference

As long as 3388 is support look for 3581.

Alternative scenario

Below 3388, expect 3315 and 3271.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3449 and 3432).

Supports and resistances

3669 **

3625 *

3581 **

3538

3450 last

3417

3388 **

3315 *

3271 **

Number of asterisks represents the strength of support and resistance levels.